A Tale of Two Painters
I am perplexed. If you read the paper you can tell how bad the housing market is here. With that comes the decline in home improvement which hits the trades people hard. Very hard. I know of at least three crews that I had bid jobs over the winter that are no longer in the […]
My Buy-and-Hold Performance Metric – Cost per Equity Dollar
If you’re even a semi-regular reader of this blog, then you already know that I’m a huge fan of buying and holding properties as rentals, because it can yield and infinite ROI (See the post on NOOP). In a nutshell, NOOP demonstrated a repeatable process where you buy a property for cash (business credit, private […]
You Never Could Tax Your Way to Prosperity
Lest you think that this is a diatribe related to politics, relax. Long, long ago I gave up letting the micro-brains in government (both elected and unelected) impact by disposition. No, this is a post about economics. And basic economics at that. I have long believed that the framers of our constitution should have included […]
Follow the Herd – And You Know What Happens
So – what kind of person are you? Are you one of those people that listens to the screamers and over-reacters? Or perhaps are you’re a chicken little yourself? You know the kind of person I’m talking about – they spend all of their time running up and down the street with their dress up […]
Tools, Systems, and Processes
I realized the other day how much I really don’t like working on houses. Sounds odd coming from someone with a real estate business, doesn’t it? But I’m not alone. Most of the people that know in this business are the same – they really don’t like doing the work themselves. And for good reason. […]
Want to LAUGH at the Stock Market Volatility?
Ever since the dot com bubble burst in 2000 and the catastrophic events of 9-11, as a country we have been struggling to recover the value in our retirement accounts. One article that I read indicated that the losses in value due to these two events were as high as 60%.With the overall market averaging […]